NOT LISTED FOR SALE

227 W Lost Colony Dr Nags Head, NC 27959

Estimated Value: $518,654 - $564,000

3 Beds
2 Baths
1,520 Sq Ft
$352/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $347,000 $228 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,084/month

55 Days on Market

Highlights

  • Coastal Architecture
  • Covered Deck
  • En-Suite Primary Bedroom
  • Cathedral Ceiling
  • Laundry Room
  • 3-minute walk to Nags Head Town Park

About This Home

As of February 2021

WELCOME HOME to your beach house! Located in one of the nicest neighborhoods in Nags Head, Vista Colony West...easy access to the bypass via the Light at Barnes St, and even easier access to the beach - it's a straight shot to the beach at the end of Barnes St, and parking is available at this access. Convenient to EVERYTHING you want - gyms, shopping, dining, and local attractions. Low maintenance exterior means you'll enjoy your spare time at the beach! The setting is private, and the pear tree in front shades the house 3 seasons out of the year. Inside, you'll find a dry entry, laundry area with new washer, dryer and water heater. Upstairs, you'll enjoy cozying up to the gas fireplace while watching a good movie...entertaining is a snap with this open floor plan - You can entertain while cooking dinner. The master bedroom is inviting, and the guest bedrooms are spacious as well. What a great house...in a great location...with great beach access!

Last Agent to Sell the Property

Holleay Parcker

Spinnaker Realty, LLC License #193280 Listed on: 11/17/2020

Last Buyer's Agent

Tammy Russell

Keller Williams - Outer Banks License #152164

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 2002

Lot Details

  • 6,000 Sq Ft Lot
  • Level Lot

Home Design

  • Coastal Architecture
  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,520 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Vista Colony W Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / D

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,097

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Coastal
  • Directions: W on Barnes St, turn right on Meekins Avenue, left onto W Lost Colony Drive, house on left.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Lighting, Smoke Detector(s), Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: WELCOME TO YOUR BEACH HOUSE!
  • Heated Sq Ft: 1520
  • L V T Date: 11/17/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: res
  • Deed Book Pg Number: 0334
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14613
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Description: Level
  • Lot Number: Lot 15
  • Estimated Lot Size: 0.14
  • Deed Book: 1720

Rental Info

  • Lease Terms: 1 Year
  • Rental Co: Jim Perry and Company
  • Rental Phone Number: 252.441.3051

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2020
  • Taxes: 1096.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Feb 26, 2021
Sold by
Bingman Kenneth Ray and Bingman Teresa A
Bought by
Gonzales Samuel Orlando and Tirado Aime Carpio
Seller's Agent
Holleay Parcker
Spinnaker Realty, LLC
Buyer's Agent
Tammy Russell
Keller Williams - Outer Banks
List Price
$359,900
Sold Price
$347,000
Premium/Discount to List
-$12,900
-3.58%
Current Estimated Value
$535,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,414
Avg. Annual Appreciation
10.12%
Original Mortgage
$329,650
Outstanding Balance
$296,178
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$239,236

Purchase Details

Closed on
Aug 6, 2007
Sold by
Lucas Carmen S and Lucas Ricky J
Bought by
Gibson Lynn W and Gibson Barbara A

Purchase Details

Closed on
Mar 29, 2007
Sold by
Roof Michael Christopher and Roof Jodi L
Bought by
Garcia Ramon and Garcia Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 2, 2007
Sold by
Murst Stephen
Bought by
Bingman Kenneth Ray and Bingman Teresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gonzales Samuel Orlando $347,000 First American Mortgage Sln
Gibson Lynn W $220,000 None Available
Garcia Ramon $278,000 None Available
Bingman Kenneth Ray $290,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales Samuel Orlando $329,650
Previous Owner Bingman Kenneth Ray $187,500
Previous Owner Bingman Kenneth R $232,000
Previous Owner Bingman Kenneth Ray $232,000
Previous Owner Bingman Kenneth Ray $43,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $347,000 -3.6% $228 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
11/17/2020 11/17/20 For Sale $359,900 -- $237 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,001 $273,900 $84,000 $189,900
2023 $1,097 $273,900 $84,000 $189,900
2022 $1,097 $273,900 $84,000 $189,900
2021 $1,097 $273,900 $84,000 $189,900
2020 $1,097 $273,900 $84,000 $189,900
2019 $987 $209,900 $68,300 $141,600
2018 $987 $209,900 $68,300 $141,600
2017 $987 $209,900 $68,300 $141,600
2016 $903 $209,900 $68,300 $141,600
2014 $1,463 $209,900 $68,300 $141,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111889

Outer Banks Association of REALTORS®

APN: 005859000